What’s Going On With Coinbase Shares Today?
Coinbase Inc. (NASDAQ:COIN) shares traded lower Monday as weakness across the cryptocurrency market weighed on crypto-linked stocks.
What To Know: Bitcoin slipped below $112,000, down about 1.7%, while other major tokens including Ethereum, Solana, Dogecoin, Shiba Inu, and XRP also posted declines. The drop in digital assets comes amid broader macroeconomic jitters, with traders citing Bitcoin’s inability to hold its recent range and concerns over a potential deeper correction.
The global cryptocurrency market capitalization declined 3.1% to $3.84 trillion. Ethereum, despite making a new all-time high on Sunday, slid more than 3% to around $4,600. Solana fell over 4% to just under $200, and Dogecoin lost more than 5% to trade near $0.22. XRP …